REGISTERED NUMBER: 07513613 (England and Wales)

Financial Statements

for the Year Ended 31 March 2025

for

PROVVEDI LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

S Provvedi

REGISTERED OFFICE:

St Mary's Court

The Broadway

Old Amersham

Bucks

HP7 0UT

REGISTERED NUMBER:

07513613 (England and Wales)

ACCOUNTANTS:

Cansdales Business Advisers Limited

St Mary's Court

The Broadway

Old Amersham

Bucks

HP7 0UT

FIXED ASSETS

Tangible assets

3

661

773

CURRENT ASSETS

Debtors

4

910,000

750,000

Cash at bank and in hand

30,229

59,558

940,229

809,558

CREDITORS

Amounts falling due within one year

5

(75,087

)

(55,640

)

NET CURRENT ASSETS

865,142

753,918

TOTAL ASSETS LESS CURRENT LIABILITIES

865,803

754,691

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

865,703

754,591

SHAREHOLDERS' FUNDS

865,803

754,691

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 4 December 2025 and were signed by:

S Provvedi - Director

1.	ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

TURNOVER

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

TANGIBLE FIXED ASSETS

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

33% on cost

TAXATION

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

DEFERRED TAX

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

2.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

3.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 April 2024

6,657

Additions

291

At 31 March 2025

6,948

DEPRECIATION

At 1 April 2024

5,884

Charge for year

403

At 31 March 2025

6,287

NET BOOK VALUE

At 31 March 2025

661

At 31 March 2024

773

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

910,000

750,000

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Corporation tax

50,350

31,957

Social security and other tax

-

144

VAT

19,785

19,078

Credit card

2,472

2,161

Directors' current accounts

40

40

Accrued expenses

2,440

2,260

75,087

55,640

6.	RELATED PARTY DISCLOSURES

At the balance sheet date £910,000 was due from the Camap Ltd in which Simone is a director.